RailAmerica Closes Acquisition Of Interest In Wellsboro And Corning Railroad,IWG

4/9/2012 6:39 PM ET

RailAmerica Inc. (RA) announced that it has completed its acquisition of a seventy-percent interest in the Wellsboro and Corning Railroad or "WCOR" and Industrial Waste Group or "IWG" from Myles Group for approximately $18 million.

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